Step 1 - Input Data
Input your values in "User Input Data" table below.
All prices are in USD
Step 2 - Your Data: Current vs. Higher Engagement
Using the information above, you can expect to see the following improvements when you commit to boosting employee engagement at your company.
Current
Higher Engagement
Revenue per employee
Businesses with highly engaged teams experience a 21% lift in productivity.1
$28,321
$34,268
Current
Higher Engagement
Cost of absenteeism per employee
Businesses saw a drop in absenteeism (unearned PTO) by 37% when teams are engaged in their work.2
$1,082
$681
Current
Higher Engagement
Total cost of absenteeism
$1,204,903
$759,089
Current
Higher Engagement
Turnover rate
On average highly engaged teams will experience a 40% improvement in turnover.3
1.0%
0.6%
Current
Higher Engagement
Number of employees that leave in a year
11.0
6.6
Current
Higher Engagement
Total cost of employee turnover
Replacing an employee costs a business between 30% to 150% of the employee's annual salary depending on skill requirements3
$509,949
$305,969
Current
Higher Engagement
Step 3 - The Benefit Costs of Engaged Employees to Your Business
Additional company revenue due to higher engagement
Money saved from less absenteeism
Money saved from less turnover
Cost of SnapComms Solution Per Year
Sample pricing of the Engage package based on employee count. Learn more about our pricing.
Total business value
Total business value per employee
ROI of SnapComms %4,219.44%
Summary
Your total business value is the amount of revenue added due to a 21% increase in employee productivity, plus the money saved from a 37% reduction in absenteeism and 40% decrease in turnover.
These benefits are seen in organizations with high employee engagement. These progressive companies rely on frequent feedback to engage employees.
No one can put a price on the value of employees; their contributions, skills, or who they are as people. Our intent is not to propagate the myth that employees are nothing more than resources.
Learn more about how SnapComms can work
Get a free, no-obligation demo from one of our communication specialists and discover how SnapComms can help your organization.
